The 17th Regional Comprehensive Economic Partnership (RCEP) Trade Negotiating Committee (TNC) meeting and related meetings were held from 21 February to 3 March 2017 in Kobe, Japan.
On May 2-12, the 18th round of RCEP negotiations was held in Manila, Philippines.
The Ministry of Trade, Industry & Energy of South Korea announced on July 23 that the 19th round of negotiations for the Regional Comprehensive Economic Partnership (RCEP) takes place from July 24 to 28 in Hyderabad, India.
ASEAN economic ministers have reportedly broadly agreed to sharply reduce barriers on almost all of their product lines in a bid to make the Regional Comprehensive Economic Partnership (RCEP) trade agreement a reality. Though this might represent an incremental step forward in dramatically lifting trade within an area boasting almost 40 percent of global GDP, familiar challenges still remain.
The negotiations for the proposed mega trade deal - RCEP - would miss the deadline of concluding the talks by December this year, Commerce and Industry Minister Nirmala Sitharaman said today.
The 16 member states of the Regional Comprehensive Economic Partnership (RCEP) have agreed to finalise negotiations on the pact before the end of this year, while Asean will conduct a feasibility study for Asean-Eurasian free-trade talks.
Senior officials from 16 Asian countries, including India and China, will hold wide ranging deliberations on issues, such as duty cuts in goods, as part of proposed mega trade deal RCEP during a five-day meeting at Brunei starting from February 15.
The Regional Comprehensive Economic Partnership (RCEP) is a FTA negotiation that has been developed among 16 countries: the 10 members of ASEAN (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam) and the six countries with which ASEAN has existing Free Trade Agreements (FTAs) – Australia, China, India, Japan, Korea, and New Zealand. In relation to RCEP these six non-ASEAN countries are known as the ASEAN Free Trade Partners (AFPs).
<p>Time: 2024 By: Ministry of Industry and Trade</p>
